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RIL denied approval for $3.5 bn development plan

RIL denied approval for $3.5 bn development plan

Owing to the absence of Drill Stem Tests (DSTs) to confirm the finds, the Directorate General of Hydrocarbons (DGH) refused to take forward the development plan of Reliance Industries' (RIL) in block NEC-25. RIL failed to conduct the above tests to confirm discovery in the NEC-25 block, off the Odisha coast. The firm made discoveries in D-32, D-40, D-9 and D-10 in the Block NEC-OSN-97/2 (NEC-25) and it sub